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20121006
20121014
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hundreds of millions of dollars from embassy security financing in recent years. the obama administration's handling of the incident has been called into question after it was revealed that there had not been a protest outside the consulate directly contradicting accounts provided by ambassador susan rice in the days following the attack based on the information she had at the time. >>> now to business, standard & poors lowered the credit rating on spain. now just barely above the level of junk status. the agency also warned of more potential cuts ahead if the country fails to take the proper steps to slow its economic slide. let's get more on the story now from karen cho. good morning. >> good morning. the folk us is back on spain's funding costs and ability to tap the market. we saw the downgrade above negative market. some of the losses have been trimmed. spain is still tracking low. it was down about 1%. now off about .1%. the reason why you're seeing such a recovery so quickly is because this is just closing the gap between s & p's rating and moody's rating. moody's is sitting at the
Search Results 0 to 1 of about 2 (some duplicates have been removed)